20000128

Plea to CBR

RECORDER REPORT

KARACHI: Hanif S. Kalia, Chairman, Kalia Group has said that the policy of the government to draw lucky number from each series of one single denomination had not served any purpose despite a lengthy and cumbersome procedure. He demanded of the CBR Chairman to restore previous practice.

Introduction of six digits bonds in place of five digits have much reduced the possibilities of winning prizes. Previously there was a chance to win within a series of 100,000 bonds but now one has to expect a prize from a series of one million instead.